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Q3. The process of Strategic planning covers multiple factors. Explain all of
those factors.
Answer. A vision statement, in contrast, is a future-oriented declaration of the
organizations purpose and aspirations. In many ways, you can say that the mission
statement lays out the organizations purpose for being, and the vision statement
then says, Based on that purpose, this is what we want to become. The strategy
should flow directly from the vision, since the strategy is intended to achieve the
vision and thus satisfy the organizations mission.
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